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Does Michael Saylor even understand Bitcoin Core vs. Knots?

As founder of the world’s largest bitcoin (BTC) treasury company, Strategy (formerly MicroStrategy), many people were hoping Michael Saylor would have taken a position of leadership in this year’s civil war between Bitcoin Core and Knots node operators. Unfortunately, when an audience member at his Bitcoin Treasuries NYC Unconference yesterday asked him about the contentious change to OP_RETURN at the heart of the disagreement, he failed to provide any satisfactory answer. Paul Sztorc called it a “bulls*** pro-ossification answer” that demonstrated “no actual knowledge of the issues.” “One of the most word salad statements I have ever heard,” commented another. Embroiled in disagreement for nearly a year over Bitcoin Core’s contentious accommodation for arbitrary data storage, Knots dissidents have been running software to protest Core’s change . Unlike Core version 30 (v30), Knots software will retain a deterrent against most arbitrary datacarrier use of OP_RETURN...

Bitcoin has to fall this low for Michael Saylor’s Strategy to lose money

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Strategy (NASDAQ: MSTR) – formerly known as MicroStrategy – has been suffering from a period of stock market decline in recent trading.  Specifically, MSTR shares experienced a 5.57% drop on Friday, March 7, to their latest closing price of $287.18, and an equally sharp collapse of 5.46% in the extended session, leading to the Monday pre-market value of $271.50. MSTR stock 1-day and Monday pre-market price chart. Source: Google With Michael Saylor’s company facilitating investor exposure to Bitcoin (BTC) via vicarious ownership, it should come as no surprise that BTC’s own decline from $86,773 on Friday to $83,126 at press time has been one of the main reasons behind the stock price drop. Picks for you Bitcoin just made the biggest weekly price drop in history 53 seconds ago ...

Michael Saylor suggests selling kidneys as bitcoin dips below $80K

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With crypto markets down $1 trillion since Donald Trump’s inauguration, investors are becoming increasingly desperate to raise capital to buy at 25% off last month’s prices. In a controversial, late-night tweet, Strategy founder Michael Saylor even suggested selling a kidney to hold onto bitcoin (BTC). Sell a kidney if you must, but keep the Bitcoin. — Michael Saylor️ (@saylor) February 28, 2025 His 11pm tweet with BTC’s price below $80,000 was even more contentious than his March 2021 advice to “ go mortgage your house and buy bitcoin with it ” that earned him months of derision. BTC went on to trade below his advisory prices for years and wouldn’t settle into a higher average price range until February 2024. Saylor’s tweet, with BTC price below $80,000 was even more contentious than his advice to “go mortgage your house and buy bitcoin with it.” Read more: Michael Saylor’s bitcoin announcements no longer seem to pump MSTR stock Sa...

Michael Saylor's bitcoin announcements no longer seem to pump MSTR stock

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The last four times Michael Saylor announced a corporate bitcoin (BTC) purchase at Strategy, his stock price declined. In previous years, the market has generally reacted positively to his tweets. Although the company’s average cost basis per bitcoin is $66,357 — still well below current prices — Strategy (formerly MicroStrategy) has lost money on each of the company’s last 13 purchases. Depending on how one prefers to calculate the price of Strategy stock (MSTR) as of its November 11 announcement that coincided with a major price gap, it’s certainly true that it’s also lower than all 13 of its latest bitcoin purchases. Saylor’s last four BTC acquisition tweets sent MSTR lower over the following days. As bitcoin paused and then retraced the run-up to Donald Trump’s January inauguration, MSTR shareholders have benefited less and less from the company’s increasing BTC cost basis. MSTR trades lower on Saylor’s last four purchases Saylo...

Bitcoin: Michael Saylor Predicts When BTC Will Hit $100,000

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Bitcoin (BTC) maximalist and Microstrategy CEO Michael Saylor recently appeared for an interview with CNBC host Morgan Brennan. Saylor and Brennan spoke about the recent BTC price spike. BTC’s latest rally took Microstrategy’s BTC ROI to over 100%. The company currently holds over $20 billion worth of BTC. According to Saylor, there has been a significant change in how the cryptocurrency sector is viewed in the political landscape. Saylor highlights that the shift in the political landscape and support from financial institutions such as BlackRock has created a favorable environment for Bitcoin (BTC). Saylor dismissed the possibility of BTC falling to $60,000. Instead, the BTC maximalist believes the original crypto will breach the $100,000 level before the year ends. Also Read: Luckiest Man on Earth: Invests $16 & Makes $14 Million in PNUT Cryptocurrency Can Bitcoin Hit $100,000 Before 2025? Image Source: Unsplash Saylor is not the only one who believes BTC will breach the ...